City were crowned Premier League champions on Sunday thanks to a 4-1 win over Brighton and Hove Albion, with Aguero scoring a vital equaliser shortly after Glenn Murray had given the Seagulls a shock lead.
Pep Guardiola's side finished on a huge 98 points, a tally second only to their 100 point record haul the previous season.
Indeed, Liverpool's points tally is the third highest in Premier League history, behind only City this season and when they racked up 100 points in storming to the title for the first time under Guardiola a year ago.
Hughton, who joined Albion in December 2014, led the club to the Premier League for the first time in 2017, and they finished 15th in their first season back in the top flight.
The Irish coach managed to guide the Seagulls to Premier League safety once again, but the club has decided to make a change after a disappointing overall campaign.
City fell behind in the 27th minute with a surprising header by Brighton striker Glenn Murray's but Sergio Aguero levelled nearly two minutes later.
It did not last long however, with Sergio Aguero levelling the scores just 90 seconds later.
When asked if his side will go down as the best in English history, Guardiola simply said being in the conversation is all anyone can ask.
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Ilkay Gundogan then blasted home a free-kick to put the result beyond doubt.
Thirty-six goals on the final day of the Premier League ensured that the 2018-19 season was the most prolific of all time in a 38-game season.
"That's just the lure of Man United, they know, the potential and size of the club, they know in the end that we will get back to the good days".
"It makes me so much more happy that we played such a great team all season". "We had our backs to the wall, we won at the Etihad and today we were able to stay in front".
Guardiola was not mortified by an agonising Champions League quarter-final defeat by Tottenham Hotspur which stopped City's pursuit of an unprecedented quadruple in its tracks. Liverpool has won five, including 2005, and could move up to third place all-time with their sixth title. We made the standard higher last season and Liverpool helped us -- to win this title we had to win 14 in a row. We gave everything. We got 97 points.
Guardiola, as successful as he is, has adapted his famed "tiki-taka" short-passing style for the Premier League, blending pace and power into his possession-based blueprint.
"Last year was awesome in its own right, but nobody could lay a glove on them as they romped to the title".